January 15, 2021  
 
  Entrepreneurial Resources - Advice for North Carolina Entrepreneurs  
  Sparta, North Carolina Resources for Entrepreneurs  
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Starting a Business in Sparta, North Carolina

Thinking about starting a business in Sparta, North Carolina? This step-by-step guide walks you through the major decisions you should consider before opening a new business in Sparta.

Are You Ready for Entrepreneurship?

Most startup companies fail, in part because the business owner did not have the entrepreneurial skills and traits needed to succeed. So, before you start your business, consider all of the implications of being an entrepreneur.

Here are three things we recommend you do before you fully commit to starting a new business of your own.

  • Talk to other entrepreneurs in Sparta. Listen closely to their experiences and see if you think you too can be successful.
  • We recommend reading Should You Become an Entrepreneur?. For aspiring new entrepreneurs, it's a must read article.
  • Have a candid conversation with friends and family. Ask them directly: Do I have what it takes to be an entrepreneur? Listen carefully to their answer, as they presumably know your strengths and weaknesses.

Sparta, North Carolina Demographic Information

Sparta has an active business community that includes small businesses, mid-sized businesses and large businesses.

To give you a better feel for Sparta demographics for small businesses, we have tabulated the small business sizes, based on number of employees, for business in Sparta.

Business Size# of
Businesses
1-4 Employees 3096
5-9 Employees 1269
10-19 Employees 702
20-49 Employees 297
50-99 Employees 108
100-249 Employees 135
250-499 Employees 0
500-999 Employees 0
1000+ Employees 0
All Sparta Businesses 5607

As a new Sparta entrepreneur, you may also be interested in the table below. It shows how many businesses there are in Sparta for each business category. By looking at this chart, you can get a general sense for how much competition there is in the business niche that you are pursuing.

Business Type # of
Businesses
Automotive Parts and Accessories Stores 1
Beauty Salons 1
Beer, Wine, and Liquor Stores 1
Business Associations 2
Cable and Other Program Distribution 1
Canvas and Related Product Mills 1
Child Day Care Services 5
Convenience Stores 1
Electric Power Distribution 1
Electrical Contractors 1
Exterminating and Pest Control Services 1
Facilities Support Services 1
Finish Carpentry Contractors 4
Fitness and Recreational Sports Centers 1
Floor Covering Stores 1
Flooring Contractors 2
Florists 3
Food Service Contractors 1
Full-Service Restaurants 7
Funeral Homes and Funeral Services 1
Furniture Stores 1
General Automotive Repair 2
General Freight Trucking, Local 1
General Medical and Surgical Hospitals 1
Gift, Novelty, and Souvenir Stores 1
Golf Courses and Country Clubs 1
Hardware Merchant Wholesalers 1
Hazardous Waste Treatment and Disposal 1
Heating Oil Dealers 2
Home Health Care Services 6
Home Health Equipment Rental 1
Homes for the Elderly 1
Insurance Agencies and Brokerages 6
Jewelry Stores 1
Landscaping Services 2
Limited-Service Restaurants 4
Logging 1
Marketing Consulting Services 1
Masonry Contractors 2
Metal Household Furniture Manufacturing 1
Musical Instrument and Supplies Stores 1
New Car Dealers 2
New Housing Operative Builders 1
Newspaper Publishers 1
Nursing Care Facilities 1
Offices of Dentists 1
Offices of Lawyers 3
Offices of Optometrists 1
Pharmacies and Drug Stores 2
Photography Studios, Portrait 1
Portfolio Management 1
Quick Printing 1
Radio Stations 1
Residential Property Managers 1
Residential Remodelers 3
Savings Institutions 1
Septic Tank and Related Services 1
Site Preparation Contractors 5
Sporting Goods Stores 2
Tax Preparation Services 1
Tire Dealers 2
Used Merchandise Stores 2
Veterinary Services 1
Video Tape and Disc Rental 1
Window Treatment Stores 1
Wired Telecommunications Carriers 2
Yarn Spinning Mills 1

Have You Considered Buying an Existing Sparta Business?

If you have some capital to play with, you may want to Buy a Business in North Carolina. Follow that link and you may find several good businesses for sale in Sparta.

If you are headed down the path of buying a business, you may want to read this article: How to Buy a Business.

Naming the Company

Making the right decision when choosing a company name is very important. There are many decisions you'll make now that you can change later, but changing a company name years down the road is not very easy. So, choose a good company name at the outset.

Even if the name doesn't do it by itself, many naming experts believe there should be a story behind the name that ties into your company mission.

Numerous company naming issues are discussed in more detail in this article: Naming a Business.

There's one other important factor when naming a business. Since you are opening a business in Sparta, it's imperative that you check now that no other North Carolina company is using the business name you want to use.

The Role of the Business Plan

Writing a business plan is vital in maximizing the prospects of your new company. Indeed, a business plan is a written description of the future you envision for your business. Failure to write a business plan will greatly reduce your chances of business success.

To learn more about business plans, read Reasons to Write a Business Plan. A great resource for business planning assistance is the free counseling sessions provided by your local SCORE chapter in North Carolina.

Marketing Your New Venture

Whether your goal is to attract Sparta customers or you plan on selling elsewhere, you'll need to have a good marketing plan.

You can learn a ton about marketing on our site. Toll Free Numbers discusses marketing strategy and tactical marketing in a way that should get you thinking about how to creatively promote your business. There are many more articles on marketing on our site. Visit our Small Business Marketing resource section to see them all.

The Art of Selling

Mastering the art of selling is essential if you want your new Sparta business to do well.

Why should customers buy from you instead of buying from competitors? Let us help you refine your selling techniques through our many useful sales advice tips.

Writing Great Proposals offers some helpful tips on how to sell. It's one of several good articles on our site regarding Entrepreneurial Selling.

Never Give Up

Most new Sparta businesses underestimate the number of challenges they will face.

If you choose the right business and love what you do, you will greatly increase your odds of success.

This site is all about helping entrepreneurs in Sparta and elsewhere to achieve real success. We want to be there for you to answer your business questions, whether you are a new Sparta entrepreneur who is just getting started or you are already up and running with your new venture.

More Entrepreneurial Resources for Starting a Business in Sparta, North Carolina

Here are more links that we believe will help you be successful in starting a business in Sparta.

 

 

Additional Resources for Entrepreneurs

Buying a Business

Writing a Business Plan

Raising Money

Incorporate

Small Business Marketing

Advertising Advice

Public Relations -

Customer Service Tips

Entrepreneurial Selling

Workplace Safety